Expatriate Loan Program
Designed for professionals entering the U.S. with a valid work authorization and for U.S. Citizens living and working abroad1
- Only an offer letter is needed for pre-approval
- No U.S. credit required
- Max LTV 80% for new immigrants to the U.S.
- Max 70% LTV for U.S. Citizens living abroad (2nd Home)
- Loan amounts up to $5,000,000 (LTV limits)
Designed For Professionals entering the U.S. with a work visa or other employment authorization1
SSN Requirement: Required by closing date
Credit: No U.S. or foreign credit reports required, no foreign VOR, no foreign VOM and no alternate tradelines required
Loan Sizes: Up to $5 MM allowed with no LTV reduction
LTV: 80% LTV to $2 MM on SFR2
Up to 70% LTV for U.S. citizens living abroad who are purchasing property in the U.S.
Foreign Assets: Considered for reserves and down payments
Gifted down payment / Gifted Reserves / Gift of Equity: Yes
Pre-qualification: Pre-qualification using an offer letter permitted; First pay stub required for funding.